Probiotics Market

The Global Probiotics Market reached USD 62.4 billion in 2022 and is expected to reach USD 108.0 billion by 2031 and is expected to grow with a CAGR of 7.1% during the forecast period 2024-2031.

The Probiotics Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.

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The Probiotics Market refers to the global industry focused on products containing live microorganisms, primarily beneficial bacteria and yeast, which, when consumed in adequate amounts, offer health benefits. These products are widely used in functional foods, animal feed, and beverages to support gut health, immunity, and overall well-being, driven by increasing consumer awareness of preventive healthcare.

Prominent Industry players in the Probiotics Market

The prominent players in Probiotics market research report are: Koninklijke DSM N.V., Evolve BioSystems, Inc., Nature’s Bounty Co., Lifeway Foods, Inc., Danone S.A, Yakult Honsha Co., Ltd., BioGaia AB, CHR. Hansen Holding A/S, Lallemand Inc., and The Procter & Gamble Company.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

Industry News

On January 27, 2021, Wellbeing Nutrition (WBN), a leading plant-based nutrition brand in India, introduced its Probiotic + Prebiotic formula. This clinically-studied, plant-based supplement is designed to support gut health, addressing a range of digestive concerns naturally and effectively.

On February 18, 2021, Probi, a probiotics specialist, entered a semi-exclusive agreement with Perrigo, a global player in over-the-counter wellness. The collaboration aimed to bring science-backed probiotic solutions for digestive and immune health to 14 European countries. Under the agreement, Perrigo launched three probiotic dietary supplements utilizing Probi’s clinically supported strains.

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Market Segments

By Ingredient: Bacteria, Yeast.

By Application: Functional Food and Beverages, Fermented Vegetables, Dietary Supplements, Animal Feed.

By Distribution Channel; Online, Hypermarkets and Supermarkets, Drug Stores, Others.

The Probiotics industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.

Regions Covered:

The global Probiotics Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America – US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

FAQs:

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